Financial Definition of Capital Account

Net result of public and private international investment and lending activities.

A measure of change in cross-border ownership of long-term financial assets, including financial securities and real estate.

Browse or run a search for Capital Account in the American Encyclopedia of Law, the Asian Encyclopedia of Law, the European Encyclopedia of Law, the UK Encyclopedia of Law or the Latin American and Spanish Encyclopedia of Law.

Capital Account in Historical Law

You might be interested in the historical meaning of this term. Browse or search for Capital Account in Historical Law in the Encyclopedia of Law.

Search for legal acronyms and/or abbreviations containing Capital Account in the Legal Abbreviations and Acronyms Dictionary.

What does Capital Account mean in American Law?

The definition of Capital Account in the law of the United States, as defined by the lexicographer Arthur Leff in his legal dictionary is:

In corporate accounting and law, that entry on the books of the corporation covering the stockholders” equity in the business, their investment, which at least formally (see capital) ought not to be available for distribution to them by dividend or otherwise.

Also, in a law of future interests and trusts, some expenses and gains must be allocated between persons with present and future beneficial interests. It is frequently the case that that allocation will be made by asking if the item is for the “capital account,” or is a “capital improvement” or is “chargeable to capital.” If so, it is to be entered for or against the holder of the more distant interest.

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Meaning of Capital Account

In this law dictionary, the legal term capital account is a kind of the Accounting class.

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